MICR Code: 500037002

Bank: Citibank
IFSC Code: Citi0000006
MICR Code: 500037002
Address: G- Pulla Reddy Building, North Wing, Greenlands Road, Begumpet, Hyderabad - 500016
City: Hyderabad Urban
District: Hyderabad
State: Andhra Pradesh

MICR is acronym of Magnetic Ink Character Recognition. Basically it is a character-recognition technology used by the banking industry to ease the processing and clearance of cheques and other documents.

Generally MICR code is nine character long. First three charaters represent city, next three charaters represents bank name and last three charaters represents bank branch.

Let's decode MICR code 500037002.

  • In this case first three codes 500 is city code and it represents city Hyderabad Urban.
  • Next three characters 037 represents bank Citibank.
  • Remaining characters which are 002 represents branch. In our case branch is located at address G- Pulla Reddy Building, North Wing, Greenlands Road, Begumpet, Hyderabad - 500016.

The easiest way to find MICR code is to check your

  1. Bank account statement
  2. Cheques

Please examine below sample cheque for more details

I hope this clears doubts.